The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Foreign investments act
As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
Today is a very important day of our region as we are celebrating the founding anniversary of the Association of the Southeast Asian Nations (ASEAN) (August 8, 1967) together. Throughout 53 years of development with its historic missions stated in the Bangkok Declaration 1967 kept in mind, ASEAN has truly become an organisation representing regional countries and uniting them in friendly and cooperative neighbourliness on the basis of mutual respect and understanding to strive for peace, progress and prosperity of people. … [Read more...] about Vietnam aspires to ASEAN unity, effective coordination